Recently, Fujian Torch Electron Technology Co., Ltd. (hereinafter referred to as "Torch Electron"), through its subsidiary Shanghai Torch Electron Technology Group Co., Ltd., officially completed a strategic investment agreement with futurX – Vector Emergence (Shanghai) Artificial Intelligence Technology Co., Ltd. (hereinafter referred to as "futurX"). This investment reflects Torch Electron's in-depth insight into the long-term evolution of the artificial intelligence industry and its forward-looking judgment on emerging technology trends. By proactively engaging in the AI sector, Torch Electron aims to seize strategic opportunities brought by continuous technological advancement, further optimize its asset structure, enhance capital efficiency, and inject new momentum into the company's long-term, high-quality development. futurX is a technology-driven enterprise focused on cutting-edge artificial intelligence innovation. The company is dedicated to the concept of "digitalizing human expert cognition", transforming experts' thinking logic, judgment frameworks, and decision-making experience into scalable AI digital assets. futurX is building expert-level cognitive systems for both enterprises and individuals, positioning itself at a critical stage where artificial intelligence is evolving from content generation toward cognitive augmentation. By exploring the digitalization of human thinking, futurX is unlocking new possibilities in professional services, knowledge inheritance, and intelligent decision-making. Its innovative approach demonstrates strong technological vitality and promising growth potential in the next generation of AI applications. As artificial intelligence continues to integrate deeply into economic and social development, it has become a key driver of industrial upgrading and the cultivation of new productive forces. Alongside ongoing technological breakthroughs, new business models and investment opportunities are rapidly emerging across the AI ecosystem. Looking ahead, Torch Electron will continue to strengthen its core competitiveness in electronic components and advanced electronic technologies, while closely aligning with national strategic priorities and global innovation frontiers. Through prudent investment in forward-looking technology sectors such as artificial intelligence, the company seeks to enhance capital allocation efficiency, improve overall profitability, and promote more sustainable, high-quality growth. Torch Electron remains committed to combining its solid foundation in electronic components—such as capacitors, resistors, integrated circuits, logic devices, and thin film circuits—with emerging AI technologies, fostering cross-disciplinary innovation and long-term value creation.
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